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Silicon metal price trend, metal silicon latest market situation,next, metal silicon manufacturer Hensfate Metal will take you to learn more about the next trend of metal silicon.

Silicon metal supply side:
The cost pressure on silicon plants has increased, the willingness to suspend production is strong, and the quotations are firm. There are many furnace shutdowns in the southwest for maintenance, and many silicon plants have strong quotations. If profits are further compressed, the scale of shutdowns will continue to expand.

The supply fell slightly last week, and the northwest region slightly reduced production. Although Xinjiang has limited load, which affects the number of furnaces of enterprises, the actual impact on output is not high. Some areas in Inner Mongolia have received load limit notices. Production in southwest China continues to shrink, but the intensity of production shutdowns has increased month-on-month. As a result of the slowdown, most of the companies in production are fixed downstream cooperatives. According to statistics, China's overall silicon metal output in November 2023 was 391,000 tons, a year-on-year increase of 34.8%. The start-up of the downstream polysilicon industry is at a high level, and the implementation of production capacity has strengthened the support for industrial silicon demand. In the short term, due to the loosening of downstream terminal order prices, raw material procurement is cautious; the start-up of organic silicon continues to be weak, the short-term warehouse load is reduced, and the demand fluctuates following the resumption of production; in terms of aluminum alloy, In the short term, construction starts have declined due to environmental protection controls, and construction starts have not changed much.

【Market logic】

The short-term upward trend is suppressed by the increase in production in the northwest, and the downward trend is supported by the accelerated production reduction in the southwest. The contradiction between supply and demand is not large; spot prices stabilize, and the impact of delivery warehouse supply on the spot market is gradually digested. As time goes by, the overall market cost center will rise.

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